Housing costs in Chino Valley?
A typical home costs
$469,700, which is 38.9% more expensive than the national average of
$338,100 and 15.3% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Chino Valley costs
$1,240 per month, which is 13.3% cheaper than the national average of
$1,430 and 25.0% cheaper than the state average of
$1,550.
Can I afford Chino Valley?
To live comfortably in Chino Valley, Arizona, a minimum annual income of
$90,000 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Chino Valley?
The cost of living in Chino Valley, AZ is quite affordable when compared to other cities in the US. The area boasts a median home price of $204,000 which is significantly lower than the national average of $231,000. In addition, residents benefit from low property taxes and no state income tax. Utility costs are also very reasonable with the average monthly electricity bill being just over $100. Transportation costs in Chino Valley are also relatively low; local bus services are available at an inexpensive rate and gas prices tend to stay on par with the national average. All these factors make Chino Valley a great place to live for people looking for an affordable living situation.